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<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001418329</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
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<liveTestFlag>LIVE</liveTestFlag>



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<formData>
<coverPageHeader>
<securitiesClassTitle>Common Stock, USD 0.01</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>07/31/2025</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001973266</issuerCik>
<issuerName>TKO Group Holdings, Inc.</issuerName>
<issuerCusip>87256C101</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<com:street1>200 Fifth Avenue</com:street1>
<com:city>New York City</com:city>
<com:stateOrCountry>X1</com:stateOrCountry>
<com:zipCode>10010</com:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Ninety One UK Ltd</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>X0</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>2856927</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>5156261</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5156261</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>6.3</classPercent>
<typeOfReportingPerson>FI</typeOfReportingPerson>
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<coverPageHeaderReportingPersonDetails>

<reportingPersonName>Ninety One Plc</reportingPersonName>
<memberGroup>b</memberGroup>
<citizenshipOrOrganization>X0</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>0</soleVotingPower>
<sharedVotingPower>2912296</sharedVotingPower>
<soleDispositivePower>0</soleDispositivePower>
<sharedDispositivePower>5217918</sharedDispositivePower>
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<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>5217918</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>6.38</classPercent>
<typeOfReportingPerson>FI</typeOfReportingPerson>
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<item1>
<issuerName>TKO Group Holdings, Inc.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>200 Fifth Avenue, New York City, United States, 10010</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Ninety One UK Limited</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>Ninety One UK Limited&#13;
55 Gresham Street&#13;
London&#13;
EC2V 7HB&#13;
United Kingdom</principalBusinessOfficeOrResidenceAddress>
<citizenship>United Kingdom</citizenship>
</item2>
<item3>
<notApplicableFlag>N</notApplicableFlag>
<typeOfPersonFiling>IA</typeOfPersonFiling>
</item3>
<item4>
<amountBeneficiallyOwned>5,217,918</amountBeneficiallyOwned>
<classPercent>6.38%</classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>0</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>2,912,296</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>0</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>5,217,918</sharedPowerOrDirectToDispose>
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</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>N</notApplicableFlag>
<ownershipMoreThan5PercentOnBehalfOfAnotherPerson>Ninety One UK Limited has dispositive power over 5% in its capacity as discretionary investment adviser to its various clients and funds. Ninety One Plc is the parent entity of Ninety One UK Limited.</ownershipMoreThan5PercentOnBehalfOfAnotherPerson>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<exhibitInfo>Exhibit 99.1 - Joint Filing Agreement</exhibitInfo>
<signatureInformation>
<reportingPersonName>Ninety One UK Ltd</reportingPersonName>
<signatureDetails>
<signature>/s/ Richard Brearley</signature>
<title>Richard Brearley / Head of Compliance</title>
<date>08/05/2025</date>
</signatureDetails>
</signatureInformation>
<signatureInformation>
<reportingPersonName>Ninety One Plc</reportingPersonName>
<signatureDetails>
<signature>/s/ Adam Fletcher</signature>
<title>Adam Fletcher / General Counsel</title>
<date>08/05/2025</date>
</signatureDetails>
</signatureInformation>
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